Dubai ranks first in Arab world, fifth globally on shipping centre development index.
28 September 2023, 12:00 AM
31 October 2023, 12:00 AM
Dubai has maintained its ranking among the top five global maritime centres on the 2023 International Shipping Centre Development (ISCD) Index for the fourth consecutive year.
The city also earned the top rank for sea freight and logistics services in the Arab world, as per the latest report issued by the Baltic Exchange for Trade and Shipping and the Xinhua Agency of the China Economic Information Service.
The report placed Dubai fifth out of the 20 most prominent international centres for commercial maritime shipping ahead of Rotterdam, Hamburg, Athens/Piraeus, Ningbo/ Zhoushan, and New York/New Jersey. Dubai is the only Arab city on the list. Singapore, London, Shanghai and Hong Kong secured the top four ranks on the Index.
Sheikh Saeed bin Ahmed bin Khalifa Al Maktoum, Executive Director of the Dubai Maritime Authority, said Dubai's ranking on the International Shipping Centre Development Index strengthens its profile on the global maritime map. Dubai's ability to maintain its high ranking for four consecutive years reflects its progress in enhancing the competitiveness and efficiency of its maritime sector. The implementation of the Authority's Maritime Sector Strategy has bolstered the city's position as a leading international maritime hub.
Sheikh Saeed emphasised that Dubai's ranking as the only Arab city among the top 20 international maritime shipping centres underscores the emirate's dedication to continuous growth and its rising stature on the global stage. Dubai's aspiration to be among the most influential maritime hubs has led to the creation of infrastructure and services that rank among the best in the world.